Exceptional waterfront retreat set on 1.088 acres in the coveted Arrowhead Point community, offering a rare opportunity to experience the best of Lake Travis living. Nestled within a deepwater cove on the main body of the lake, the property provides effortless water access with a private boat dock just steps from the back door. Located within the highly acclaimed Leander ISD, the residence combines tranquil lakefront living with everyday convenience. Currently operating as a successful short-term rental, the property also presents a compelling investment opportunity with proven income-producing potential. Thoughtfully designed for both entertaining and relaxed daily living, the beautifully maintained single-story home spans approximately 2,876 square feet and features 3 bedrooms, 2 full bathrooms, and a dedicated office with built-ins behind French doors. The open-concept floorplan is filled with natural light and showcases a spacious living room anchored by a floor-to-ceiling fireplace, built-ins, and a wall of windows framing serene lake views. The kitchen overlooks the main living area and features a large granite island, ample cabinetry, stainless steel appliances, a built-in oven, gas cooktop, and recessed lighting. Privately positioned, the primary suite offers direct access to the back patio and an ensuite bath with dual vanities, walk-in shower, and spacious walk-in closet. Two secondary bedrooms and a second full bathroom complete the single-level layout. Outdoor living includes a covered back patio and expansive backyard overlooking the lake, ideal for entertaining, relaxing, or enjoying the peaceful setting. Whether envisioned as a full-time residence, weekend getaway, or continued income-producing STR, this property offers exceptional versatility. With its private boat dock, desirable waterfront position, and sought-after Arrowhead Point location, this is a rare opportunity to own a premier piece of the Lake Travis lifestyle.